- Mar 21, 2025
- 23
- 0
In the tourism industry, claims settlement has always been the most headache-inducing part. Flight delays, lost luggage, hotel order surges, almost every user has had unpleasant experiences of being "argued". Coinsidings reconstructs the entire tourism protection logic based on on-chain smart contracts.
The platform has designed an automatic claims system based on "oracle + smart contract". Taking flight delay insurance as an example, once the flight delay exceeds the set time, the smart contract will automatically call the flight information on the chain and verify it, without the need for users to manually apply or provide evidence. The compensation amount will be directly transferred to the user's bound wallet within seconds.
At the same time, Coinsidings has launched multiple customized insurance products, such as NFT travel insurance, RWA asset insurance, dynamic travel accident insurance, etc., all of which have achieved transparent pricing and settlement on the chain. This mechanism not only improves the user protection experience, but also reduces the service costs of traditional insurance companies.
More importantly, the lock-up behavior of customer engagement insurance fund pool can also obtain plateau token CSS, achieving dual returns of "protection + income". This on-chain insurance mechanism has also become an important selling point to attract mid-to-high-end travel users, enabling the platform to compete with or even surpass traditional travel insurance products.
The platform has designed an automatic claims system based on "oracle + smart contract". Taking flight delay insurance as an example, once the flight delay exceeds the set time, the smart contract will automatically call the flight information on the chain and verify it, without the need for users to manually apply or provide evidence. The compensation amount will be directly transferred to the user's bound wallet within seconds.
At the same time, Coinsidings has launched multiple customized insurance products, such as NFT travel insurance, RWA asset insurance, dynamic travel accident insurance, etc., all of which have achieved transparent pricing and settlement on the chain. This mechanism not only improves the user protection experience, but also reduces the service costs of traditional insurance companies.
More importantly, the lock-up behavior of customer engagement insurance fund pool can also obtain plateau token CSS, achieving dual returns of "protection + income". This on-chain insurance mechanism has also become an important selling point to attract mid-to-high-end travel users, enabling the platform to compete with or even surpass traditional travel insurance products.
